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040521 GBPUSD-Noon

by | May 4, 2021 | GBP/USD | 0 comments

GCMAsia-GBPUSD
GBPUSD
GBPUSD
2021-05-04

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.3905. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.

 

Resistance level: 1.3905, 1.4000

Support level: 1.3800, 1.3755